Tax Exemption (Hansard, 25 February 1993)

§ Ms. Harman

To ask the Chancellor of the Exchequer (1) how many people in the income groups of individual's income(a) below £5,000, (b) from £5,000 to £10,000, (c) from £10,000 to £15,000, (d) from 15,000 to £20,000, (e) from £20,000 to £25,000, (f) from £25,000 to £30,000, (g) from £30,000 to £40,000, (h) from £40,000 to £50,000, (i) from £50,000 to £60,000, (j) from £60,000 to £70,000 and (k) over £70,000, received tax relief on profit-related pay schemes in the latest year for which figures are available; what proportion this represents of the total number of people in each income group; and what was the average tax relief of people with profit-related pay within each income group;

(2) how many people in the income groups of individual's income (a) below £5,000, (b) from £5,000 to £10,000, (c) from £10,000 to £15,000, (d) from 15,000 to £20,000, (e) from £20,000 to £25,000, (f) from £25,000 to £30,000, (g) from £30,000 to £40,000, (h) from £40,000 to £50,000, (i) from £50,000 to £60,000, (j) from £60,000 to £70,000 and (k) over £70,000, benefited from inheritance tax exemption in the latest year for which figures are available; what proportion this represents of the total number of people in each income group; what was the average exemption within each income group; and what was the cost to the Treasury of inheritance tax exemption in each income group;

(3) how many people in the income groups of individual's income (a) below £5,000, (b) from £5,000 to £10,000, (c) from £10,000 to £15,000, (d) from 15,000 to £20,000, (e) from £20,000 to £25,000, (f) from £25,000 to £30,000, (g) from £30,000 to £40,000, (h) from £40,000 to £50,000, (i) from £50,000 to £60,000, (j) from £60,000 to £70,000 and (k) over £70,000, took out personal equity plans in the latest year for which figures are available; 685W what proportion this represents of the total number of people in each income group; and what was the average tax relief on PEPs, within each income group;

(4) how many people in the income groups of individual's income (a) below £5,000, (b) from £5,000 to £10,000, (c) from £10,000 to £15,000, (d) from 15,000 to £20,000, (e) from £20,000 to £25,000, (f) from £25,000 to £30,000, (g) from £30,000 to £40,000, (h) from £40.000 to £50,000, (i) from £50,000 to £60,000, (j) from £60,000 to £70,000 and (k) over £70,000, benefited from capital gains tax exemption in the latest year for which figures are available; what proportion this represents of the total number of people in each income group; what was the average exemption within each income group; and what was the cost to the Treasury of capital gains tax exemption in each income group.